TurboTax Halts E-filing of State Tax Returns Because of Potential Fraud
mpicpp writes with this news from Marketwatch: Intuit, the parent company of TurboTax, has stopped e-filing all state tax returns due to increased suspicion of fraud. The company says it is investigating criminal attempts to use stolen data to file fraudulent returns and claim refunds, after hearing concerns from a handful of states, Intuit spokeswoman Diane Carlini told MarketWatch. After a preliminary examination with security experts, Intuit believes its systems weren't breached, but crooks may have used TurboTax software to file fraudulent returns after stealing identities, she said. Intuit said in a release that "the information used to file fraudulent returns was obtained from other sources outside the tax preparation process." The company called pausing e-filings to states a "precautionary step." Utah, the first state to reach out to Intuit, issued a notice Thursday saying the state tax commission has discovered 28 fraud attempts that "originate from data compromised through a third-party commercial tax preparation software process," as well as 8,000 returns flagged as potentially fraudulent.
I wish someone would steal my identity and do my taxes.
(I owe money every year because I don't like giving the government interest-free loans.)
But that would fly in the face of the resilient, independent American taxpayer, used to bootstrapping their entire life up from nowhere. Trained to walk uphill both ways.
Who gets rebates for farming, fishing, insulating, health care, baby sitting, tax preparation, eating right and donating to the religion of your choice (as long as they aren't terrorists).
USA! USA! USA!
Faster! Faster! Faster would be better!